The Atlantic Coast Conference and the University of Maryland have settled their legal dispute over the Terrapins' exit from the league.
Under terms of a settlement announced Friday, the ACC will keep the roughly $31 million it had previously withheld from Maryland and the school will not owe the conference any more money.
In addition, lawsuits filed by both sides will be dismissed.
"This agreement allows everyone to fully focus their energy and efforts on prioritizing the student-athletes, especially in this significant time of change within the NCAA restructuring," ACC Commissioner John Swofford said in a statement. "We wish the University of Maryland well and appreciate their past contributions as we collectively look toward the future."
